REDIUM: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
REDIUM
Largest movements
- Receivables within one year -€19,329
down €19,329 (-38.5%), from €50,218 to €30,889
of which Trade receivables: -€9,705
- Stocks and contracts +€14,003
up €14,003 (+74.5%), from €18,809 to €32,812
- Tangible fixed assets -€13,768
down €13,768 (-32.9%), from €41,800 to €28,033
of which Furniture and vehicles: -€9,361
- Cash -€12,154
down €12,154 (-62.8%), from €19,367 to €7,213
mainly Stocks and contracts (-€14,003) and Deferred charges and accrued income (-€10,546)
- Deferred charges and accrued income +€10,546
up €10,546 (+289%), from €3,644 to €14,190
- Other debts -€10,213
no longer reported in 2025 (was €10,213)
- Trade debts -€7,071
down €7,071 (-27.0%), from €26,217 to €19,146
- Tax, wage and social debts -€6,954
down €6,954 (-44.4%), from €15,656 to €8,703
of which Remuneration and social security: -€5,540
- Debts after one year -€4,087
no longer reported in 2025 (was €4,087)
- Reserves -€3,000
down €3,000 (-3.7%), from €81,390 to €78,390
- Gross operating margin -€26,897
down €26,897 (-45.3%), from €59,351 to €32,454
- Staff costs -€20,049
down €20,049 (-73.7%), from €27,221 to €7,172
- Financial charges +€2,152
up €2,152 (+278%), from €773 to €2,926
of which Non-recurring financial charges: +€2,005
- Taxes -€1,603
down €1,603 (-27.0%), from €5,935 to €4,331
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €142,642 | €113,137 | -€29,506 | -20.7% |
| Fixed assets | 21/28 | €50,605 | €28,033 | -€22,572 | -44.6% |
| Tangible fixed assets | 22/27 | €41,800 | €28,033 | -€13,768 | -32.9% |
| Plant, machinery and equipment | 23 | €24,983 | €20,576 | -€4,407 | -17.6% |
| Furniture and vehicles | 24 | €16,817 | €7,456 | -€9,361 | -55.7% |
| Financial fixed assets | 28 | €8,804 | - | -€8,804 | |
| Current assets | 29/58 | €92,038 | €85,104 | -€6,934 | -7.5% |
| Stocks and contracts in progress | 3 | €18,809 | €32,812 | +€14,003 | +74.5% |
| Stocks | 30/36 | €18,809 | €32,812 | +€14,003 | +74.5% |
| Amounts receivable within one year | 40/41 | €50,218 | €30,889 | -€19,329 | -38.5% |
| Trade receivables | 40 | €37,654 | €27,949 | -€9,705 | -25.8% |
| Other amounts receivable | 41 | €12,564 | €2,940 | -€9,624 | -76.6% |
| Cash at bank and in hand | 54/58 | €19,367 | €7,213 | -€12,154 | -62.8% |
| Deferred charges and accrued income | 490/1 | €3,644 | €14,190 | +€10,546 | +289% |
| Total equity and liabilities | 10/49 | €142,642 | €113,137 | -€29,506 | -20.7% |
| Equity | 10/15 | €81,768 | €79,251 | -€2,518 | -3.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Contributions outside capital | 11 | €100 | €100 | = | 0.0% |
| Other | 1109/19 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €81,390 | €78,390 | -€3,000 | -3.7% |
| Distributable reserves | 133 | €81,390 | €78,390 | -€3,000 | -3.7% |
| Profit (loss) carried forward | 14 | €278 | €761 | +€482 | +173% |
| Amounts payable | 17/49 | €60,874 | €33,886 | -€26,988 | -44.3% |
| Amounts payable after more than one year | 17 | €4,087 | - | -€4,087 | |
| Financial debts | 170/4 | €4,087 | - | -€4,087 | |
| Amounts payable within one year | 42/48 | €56,787 | €31,936 | -€24,851 | -43.8% |
| Current portion of amounts payable after more than one year | 42 | €4,701 | €4,087 | -€613 | -13.0% |
| Trade debts | 44 | €26,217 | €19,146 | -€7,071 | -27.0% |
| Suppliers | 440/4 | €26,217 | €19,146 | -€7,071 | -27.0% |
| Taxes, remuneration and social security | 45 | €15,656 | €8,703 | -€6,954 | -44.4% |
| Taxes | 450/3 | €10,117 | €8,703 | -€1,414 | -14.0% |
| Remuneration and social security | 454/9 | €5,540 | - | -€5,540 | |
| Other amounts payable | 47/48 | €10,213 | - | -€10,213 | |
| Accrued charges and deferred income | 492/3 | - | €1,950 | +€1,950 | |
| Remuneration, social security and pensions | 62 | €27,221 | €7,172 | -€20,049 | -73.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,237 | €13,768 | -€469 | -3.3% |
| Other operating charges | 640/8 | €884 | €775 | -€109 | -12.3% |
| Gross operating margin | 9900 | €59,351 | €32,454 | -€26,897 | -45.3% |
| Operating profit (loss) | 9901 | €17,009 | €10,740 | -€6,270 | -36.9% |
| Financial charges | 65/66B | €773 | €2,926 | +€2,152 | +278% |
| Recurring financial charges | 65 | €773 | €921 | +€147 | +19.1% |
| Non-recurring financial charges | 66B | - | €2,005 | +€2,005 | |
| Profit (loss) for the period before taxes | 9903 | €16,236 | €7,814 | -€8,422 | -51.9% |
| Income taxes | 67/77 | €5,935 | €4,331 | -€1,603 | -27.0% |
| Profit (loss) for the period | 9904 | €10,301 | €3,482 | -€6,819 | -66.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,301 | €3,482 | -€6,819 | -66.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.